Colorado-based CBD of Denver, Inc. (OTC Pink: CBDD) announced Thursday that its wholly-owned subsidiary, Luxora, has taken a significant step into the European cannabis market by signing four Letters of Intent (LOIs) for the establishment and operation of four Cannabis Clubs in Germany.
Luxora's CEO, Jan Schwager, expressed optimism, stating that the quick signing of these LOIs reflects strong demand in Germany for this concept.
“Luxora has been positioning itself to be a leader in this space, due to the depth of our diverse management experience and our vision which includes our recent acquisition …